API 0.74% $1.35 australian pharmaceutical industries limited

Ann: API HY16 Results Presentation-API.AX, page-2

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  1. 793 Posts.
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    Sales growth rates all slowing since January.
    Working capital a mess due to SAP implementation.

    Actual sales and EBIT numbers not too bad though.
    Bit suprised none of the brokers commented on the growth rates slowing. Bell upgraded to a buy, so that explains the pop today...but I am a bit concerned with the above factors to be buying at the moment.
 
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Currently unlisted public company.

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